ZHUHAI PORT CO., LTD, formerly FUHUA GROUP CO.,LTD.ZHUHAI S.E.Z., is principally engaged in real estate business, manufacturing business and trading business. The Company's major businesses include the development of real estate, the management of properties, the production and sale of glass fiber products, the processing and sale of Chinese medicine materials and Chinese traditional patent medicines, import business, as well as printing business, among others. The Company operates its business in the domestic market and overseas markets.
The predecessor of Zhuhai Port Co., Ltd. is Fuhua Group Co., Ltd. of Zhuhai Special Economic Zone. Zhuhai Port became one of the first share-issuing enterprises in Zhuhai by formally going public on April 8, 1989. With the approval of China Securities Regulatory Commission and Shenzhen Stock Exchange (“SSE”), its shares were listed in SSE on March 26, 1993 to make the company the first ex-situ listed company of Guangdong Province, using the abbreviation of Zhuhai Port and the code of 000507, with a shareholding equity of 344,997,420. and the total number of shares is 344,997,420. The current actual controller of the company is Zhuhai Port Holding Group Co., Ltd. (which holds 56,568,194 shares of Zhuhai Port Co., Ltd., accounting for 16.4% of the total and placing it in the position of the largest shareholder).
On December 15, 2008, Fuhua Group elected its 7th Board of Directors. Since then, under the leadership of the new board, Fuhua Group has followed the new trend of the economic development of Zhuhai, seized the development opportunity brought by the “port-centered” strategy and set the goal of becoming a “first-rate port logistic operator, port real estate developer and power energy investor”, thereby turning over a new leaf in its strategic transformation. On December 30, 2009, Fuhua Group started the concurrent construction of three projects involving a total investment of 800 million yuan in Gaolan Port area: Zhuhai Port Commercial Center, relocation and technical transformation of composite materials, Gaolan wind farm, marking the formal commencement of the major strategic deployment of Fuhua Group that focuses on port.
As present, Through industrial integration and promotion, orderly withdrawal from non-dominant industries and reshaping of primary industries, the company has now formed three major business categories, including port logistics, comprehensive development of port real estate and investment in power energy. Now under its jurisdiction are 7 enterprises, including Zhuhai Port Logistic Development Co., Ltd., Zhuhai Port Property Development Co., Ltd., Zhuhai Huitong Logistics Co., Ltd., Zhuhai Special Economic Zone Power Development Group Co., Ltd., Zhuhai Fuhua Investment Co., Ltd., Zhuhai Special Economic Zone Fuhua Property Management Company and Guiyang Fuhua Pharmaceutical Co, Ltd. The company also holds the shares of 5 enterprises, including Zhuhai Fuhua Composite Materials Co., Ltd., Zhuhai BP Chemical Co., Ltd., Zhuhai Coca Cola Co., Ltd., Zhuhai Fuyutong Polyester Co., Ltd. and Wuhan Fenghuo Fuhua Electric Co., Ltd. By December 30, 2009, the total assets of the company are 1,724,920,497.27 yuan. In 2009, it realized 410,791,728.00 yuan of operating income and 103,905,115.53 yuan of total profits.